2018 Q3 Retail Greenville-Spartanburg-Anderson Report

Retail expected to be positive through 2018

Vacancy rates continue to decline in the Greenville-Spartanburg-Anderson market.

Shopping in downtown Greenville is experiential thanks to its scenic setting and mixed-use environment.

Greenville shopping is about the experience

In the age of e-commerce retail and convenient one-day deliveries, retailers must be able to provide experiential situations to draw consumers to shop in their stores instead of browsing the internet for the same products. Downtown Greenville retailers are in the ideal location for their customers to experience an enjoyable day of retail therapy, with many exciting outdoor features along the way. While shopping along a beautifully landscaped Main Street, they have the option of sipping a freshly brewed coffee, shopping for unique vintage furniture and browsing upscale clothing within many boutiques before taking a break to stroll on the Liberty Bridge and gaze at the breathtaking waterfalls at Falls Park on the Reedy. If customers prefer to visit shops while enjoying a park atmosphere, they can head over near the Falls Park Bridge, where they will be overwhelmed with the scents of freshly baked goods, sautéing foods and brewing exotic teas. In addition, their ears will be delighted with the sounds of musicians playing live music and children laughing as they splash in a water feature. Each hour is marked between 9:00 a.m. and 8:00 p.m. with traditional Westminster chimes from the bells of the carillon at Riverplace.

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